The forecasted data for the import of felt paper and paperboard to the US from 2024 to 2028 indicates a consistent downward trend, starting from 4.6431 million kilograms in 2024 and decreasing to 2.3337 million kilograms by 2028. Compared to 2023, which acts as the baseline for actual figures, there is a continuous year-on-year decline in import volumes. The year 2024 marks the beginning of this trend with significant reductions noticed every subsequent year.
The compound annual growth rate (CAGR) over the five-year period reflects a clear average annual decrease in imports. Key trends to watch for include potential factors influencing this decline, such as shifts in domestic production capacities, changes in demand for felt paper and paperboard, or evolving trade policies and regulations impacting imports. Monitoring these aspects will provide insights into ongoing developments in the market landscape.
